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Toro Fiscal Q2 Adjusted Earnings Rise, Net Sales Decline; Fiscal 2025 Outlook Lowered
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Toro Fiscal Q2 Adjusted Earnings Rise, Net Sales Decline; Fiscal 2025 Outlook Lowered
Jun 5, 2025 6:08 AM

08:59 AM EDT, 06/05/2025 (MT Newswires) -- Toro (TTC) reported fiscal Q2 adjusted earnings Thursday of $1.42 per diluted share, up from $1.40 a year earlier.

Analysts polled by FactSet expected $1.40.

Net sales for the fiscal quarter ended May 2 were $1.32 billion, down from $1.35 billion a year earlier.

Analysts surveyed by FactSet expected $1.35 billion.

For fiscal 2025, the outdoor maintenance equipment company lowered its guidance and now expects adjusted diluted EPS to be between $4.15 and $4.30 and sales growth of minus 3% to flat, down from $4.25 to $4.40 adjusted diluted EPS and 0% to 1% sales growth.

Analysts polled by FactSet expect non-GAAP EPS of $4.31 and sales of $4.62 billion.

Shares of the company were 1.9% in recent premarket activity.

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